528 E Parkway Ave, Memphis, TN, 38112

Location

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528 E Parkway Ave, Memphis$2,000,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeMulti Family

ParkingAsphalt/Blacktop

Year Built1924

HeatingCentral

CoolingCentral Air

MLS #10179790

StatusActive

About 528 E Parkway Ave

This 16-unit apartment building offers a range of studio to 2-bedroom apartments. Perfect for investors seeking steady rental income in a prime location. Each unit provides comfortable living spaces, all appliances including a washer and dryer, and consistently offers high occupancy rates. Don’t miss out on this promising addition to your portfolio!

Property Details

Property Features

Property Information:

Year Built: 1924

Listing Office:

Office Name: Pinnacle Realty

Interior Features

Interior Information:

Flooring Type: Other (See Remarks)

Exterior Features

Parking Information:

Parking: Asphalt/Blacktop

Utilities

Utilities Information:

Heating: Central
Cooling: Central Air

Other

Directions Information:

Directions: West on Sam Cooper, right on Parkway

Price Information

Listing Price Info

Price Summary:

List Price: $2,000,000

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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Memphis, TN

City

Med. Sold Price

$183K

# of Sold Homes

362

528 E Parkway Ave vs Memphis

101 DAYS ON ROCKET

$2,000,000

+$1.8M More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

MLS Number: #10179790

Listing Office:

Office Name: Pinnacle Realty

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

/10

William H. Brewster Elementary School
2605 Sam Cooper Blvd
Distance between this listing and this school0.54 miles
Public Magnet Grades PK-5

/10

Springdale Elementary School
880 N Hollywood St
Distance between this listing and this school0.71 miles
Public Magnet Grades PK-5

/10

Cornerstone Preparatory - Lester Campus
320 Carpenter St
Distance between this listing and this school1.17 miles
Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

81%

<35k

19%

35k-100k

100k-200k

200k+

What level of education do the neighbors have?

High School: 68%
Post Secondary: 17%
Masters: 15%

What types of families live nearby?

59%

Single, No Kids

27%

Single, with Kids

Married, No Kids

Married, with Kids

Are the neighbors home owners or renters?

Renters: 53%
Home Owners: 47%

How old are people in this area?

17%

<11 yrs old

10%

12-17 yrs old

22%

18-34 yrs old

40%

35-64 yrs old

11%

65+ yrs old

What do the neighbors do for fun?

UFC
NHRA Drag Racing
Figure Skating

Where do the neighbors shop?

Family Dollar
Big Lots
Burlington

Where do the neighbors go to eat?

Burger King
Golden Corral
Church's Chicken

What do the neighbors drive?

Buick
Kia
Cadillac

What do the neighbors listen to?

Urban Contemporary
Adult Standards
Jazz

The neighbors living near this home have an average income of $17,273. The most common annual income of people living in Memphis, TN is less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38112›528 E Parkway Ave

This home is located at 528 E Parkway Ave in Memphis, TN and zip code 38112 in the Binghampton / Lester neighborhood. This home was built in 1924. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $2,000,000.

While more than 45 listings in Memphis, TN in November 2024 were sold above asking price, there were more than 98 listings sold at asking price, and more than 218 were sold below. The inventory of homes for sale in Memphis, TN between October 2024 and November 2024 increased by 6.8%.

Location

Property Highlights

Property Details

Property Features

Interior Features

Exterior Features

Utilities

Other

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

More Resources

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Housing Market Reports in Shelby County